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SGX encourages prop firms

06 Oct 2003

SGX has eased the admission criteria for its Commercial Associate Membership Proprietary Trading (CAM-PT), to attract individual traders and...

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"For exchange-traded derivative markets, the monopoly of middle and back office providers is likely to be challenged. Historically, the three incumbent providers have been largely unchallenged due to widely held fears of ‘migration risk’."

Clive Furness, MD, Contango Markets